Irvine’s inner circle

Friedman, Grant M (2020) Irvine’s inner circle. [Dissertation (University of Nottingham only)]

[img] PDF - Registered users only - Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader
Download (110MB)


There is an exponentially increasing population seeking and enrolling in higher

education. There is a relatively finite amount of established institutions and an ever expanding

population on this earth. Historical urbanization patterns demonstrate that higher education raises

housing demand, and research shows that over time quality education systematically raises

value/prices of the local real estate market. Tax advantages of real estate ownership are

explained. Through an explanation of how appraisals are executed, an understanding of how

value is measured in real estate is developed. The main appraisal method actualized in this

research is the income method. This research uses publicly available market data to illustrate the

opportunities inside University of California, Irvine’s student rental market through quantitative

and qualitative methods. Decades of market data is prepensed and examined to provide a

resolved understanding of public market metrics. Evaluation forecasts regarding profitability

now and in the future are constructed, by paralleling adjacent industry rents and year over year

increases. Through conservative analytical underwriting, and corporate parrelling of rates, the

publicly available rental market is evaluated to exemplify the possible returns and quasi-rents.

Through referencing city, county and state averages, the investment opportunity is brought to

life. Risk is respected in its relationship to quasi-rent opportunities. All in all, this paper seeks to

understand the profitability of a person that positions themselves next to a pre-developed,

growing university, while copying a flourishing private corporate investment system. The overall

findings of this research prove that a dynamic, calculated investor could see returns well above

city, county and state averages if quasi-rents are captured.

Item Type: Dissertation (University of Nottingham only)
Keywords: ・Pre-development ・Underwriting ・ Analytics ・ Student Renting ・ Real Estate Investing
Depositing User: Friedman, Grant
Date Deposited: 21 Dec 2022 12:53
Last Modified: 21 Dec 2022 12:53

Actions (Archive Staff Only)

Edit View Edit View